About Hubx
Hubx is a company based in Boston (United States) founded in 1999 by Vladimir Galkin and Derek Wall.. Hubx has raised $5.5 million across 2 funding rounds from investors including Barclays, City National Bank and SynXis. Hubx operates in a competitive market with competitors including Controlled Products Systems Group, 3G Mobile, PCSWireless, Partsearch Technologies and BrightPoint, among others.
- Headquarter Boston, United States
- Founders Vladimir Galkin, Derek Wall
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Funding Insights of Hubx
Hubx has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $10.0M
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First Round
First Round
(09 Feb 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Debt – Conventional - Hubx | Valuation |
investors |
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| Feb, 2021 | Amount | Series A - Hubx | Valuation | Barclays |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hubx
Hubx has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Barclays, City National Bank and SynXis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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City National Bank is recognized for providing comprehensive banking and wealth management services.
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Founded Year | Domain | Location | |
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Diversified financial services are provided across global markets.
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Founded Year | Domain | Location | |
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Hospitality solutions are provided through advanced reservation and retailing platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hubx
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hubx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hubx Comparisons
Competitors of Hubx
Hubx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Controlled Products Systems Group, 3G Mobile, PCSWireless, Partsearch Technologies and BrightPoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Perimeter access control equipment is distributed electronically.
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| domain | founded_year | HQ Location |
Chain of mobile phones and tablets distribution centers
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| domain | founded_year | HQ Location |
Mobile handsets and wireless accessories are distributed in North America.
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| domain | founded_year | HQ Location |
Online replacement parts platform for consumer electronics and home appliances
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| domain | founded_year | HQ Location |
Online B2B platform for wireless devices and other services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hubx
Frequently Asked Questions about Hubx
When was Hubx founded?
Hubx was founded in 1999 and raised its 1st funding round 22 years after it was founded.
Where is Hubx located?
Hubx is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Hubx?
Derek Wall is the current CEO of Hubx. They have also founded this company.
Is Hubx a funded company?
Hubx is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on Feb 09, 2021.
What does Hubx do?
Online B2B marketplace offering consumer electronic products. It caters to manufacturers, brands, vendors, and more. The products mobile phones, laptops, desktops, AIOs, tablets, and more.
Who are the top competitors of Hubx?
Hubx's top competitors include Controlled Products Systems Group, BrightPoint and Custom Plus Distributing.
Who are Hubx's investors?
Hubx has 3 investors. Key investors include Barclays, City National Bank, and SynXis.